Iluka Resources Limited
Listed on Australian Securities Exchange (ASX)
Australian mineral sands producer developing the Eneabba integrated rare earths refinery and separated oxide business.
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Latest Coverage
Aug 28, 2026
Iluka Has Spent A$1.1 Billion on Eneabba With Commissioning Still Ahead
Iluka says Eneabba is about 60% complete with A$1.1 billion spent and its A$1.7-A$1.8 billion budget intact. Government financing has largely de-risked the capital stack; the harder problem is commissioning a multi-feed refinery that must produce saleable light and heavy rare-earth oxides at stable recovery and purity.
Jul 21, 2026
Iluka’s Feedstock Deals Turn Eneabba Into More Than a Rare Earth Refinery
Iluka’s 18-year VHM concentrate agreement adds long-duration third-party feed to the government-backed Eneabba refinery, strengthening its case as an Australian rare earth processing hub while raising the technical challenge of handling multiple feedstocks.